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Or maybe he just doesn’t know what to say , I mean is it legal for him to be shorting his own stock ?
I hate to also say considering the fact that the CEO has not said anything maybe a sign that he has some kind of connection with the short sellers?
But we are not far from financials almost to October
At this point shorts get there way until financials I hate to say it but there is not much to turn this right now
CEO I think at this point doesn’t have much to say to create some kind of MOMO
We should have a deal this week
The Writers Guild told its members Friday that despite the united front the streamers and studios have shown in public during the guild’s 130-day strike, several of the legacy companies privately have expressed “both the desire and willingness to negotiate an agreement that adequately addresses writers’ issues.”
One studio executive even told the guild that “they needed a deal badly,” the WGA said.
https://deadline.com/2023/09/writers-strike-contract-talks-latest-1235541351/amp/
buy pressure continues , can’t let them make it again
Shorts made $500 mil on amc , BUT CEO has setup a nice rat trap for you know who ::: lets see how many go bankrupt this time , CEO is very sneaky , first surprised everyone with TAYLOR SWIFT | THE ERAS TOUR AND NOW he might have a bigger surprise than you might think be sure to watch https://www.amctheatres.com/movies/dumb-money-72944
CEO has setup a nice rat trap for you know who ::: lets see how many go bankrupt this time , CEO is very sneaky , first surprised everyone with TAYLOR SWIFT | THE ERAS TOUR AND NOW he might have a bigger surprise than you might think be sure to watch https://www.amctheatres.com/movies/dumb-money-72944
most want in at 6.50 now but you know what happens when everyone wants in at the same time
OVERSOLD , market cap almost under $1billion
projecting a $6.50 bottom here
white i don't think we will see $5 today CEO NEEDS TO DO SOMETHING
CEO GAVE $50k TO HELP PEOPLE IN THE FIRE , RIGHT NOW WE NEED HELP NOW
seems we are on our own , CEO no one is helping this bleeding
once the financials come out it will recover , writers strike is not helping anything
shorts i think want this down to $5 , but it will recover
SHORTY didnt think the buy pressure would be so strong ::: its going to explode shortly https://companiesmarketcap.com/amc-entertainment/cost-to-borrow/#:~:text=Latest%20borrow%20fee%20for%20AMC,Brokers%3A%204.3522%25%20(annualized)&text=The%20cost%20to%20borrow%20%2F%20borrow,borrowing%20shares%20of%20a%20stock.
someone is buying up all the shares here 7.60 to 8 range
Its time to dance baby and celebrate not sell valuable stocks, when they post financials it’s going to get some massive needed attention
The news yesterday was amazing fact company thinks only needs 40 millions shares overtime and at a set price they decide when needed 🥳🙀😀👍
1.4 billion mkt cap company is pushing $5billion+ at $18 we will be at 3 billion mkt cap we have 8.6 billion in assets , the financials will be great based on what we know already , and they could have asked to see 100 + million , they asked for only 40 million shares overtime . Im all in
On September 6, 2023, AMC Entertainment Holdings, Inc. (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with Citigroup Global Markets Inc., Barclays Capital Inc., B. Riley Securities, Inc., and Goldman Sachs & Co. LLC as sales agents (each, a “Sales Agent” and collectively, the “Sales Agents”), to sell up to 40,000,000 shares of Class A common stock, par value $0.01 per share, of the Company (the “Common Stock”), from time to time, through an “at-the-market” offering program.
Subject to the terms and conditions of the Equity Distribution Agreement, the Sales Agents will use reasonable efforts consistent with their normal trading and sales practices, applicable law and regulations, and the rules of the New York Stock Exchange to sell the Common Stock from time to time based upon the Company’s instructions for the sales, including any price, time or size limits specified by the Company.
Each Sales Agent will receive compensation of up to 2.5% of the gross sales price of the Common Stock sold through it as a Sales Agent under the Equity Distribution Agreement, and the Company has agreed to reimburse the Sales Agents for certain specified expenses. The Company has also agreed to provide the Sales Agents with customary indemnification and contribution rights. The Company is not obligated to sell any Common Stock under the Equity Distribution Agreement and may at any time suspend solicitation and offers under the Equity Distribution Agreement. The Equity Distribution Agreement may be terminated by the Company at any time by giving written notice to the Sales Agents for any reason or by each Sales Agent at any time, with respect to such Sales Agent only, by giving written notice to the Company for any reason.
The Company intends to use the net proceeds, if any, from the sale of the Common Stock pursuant to the Equity Distribution Agreement to bolster liquidity, to repay, refinance, redeem or repurchase its existing indebtedness (including expenses, accrued interest and premium, if any) and for general corporate purposes.
The Common Stock will be offered and sold pursuant to the Company’s shelf registration statement on Form S-3 (File No. 333-266536) filed on August 4, 2022 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”). The Company filed a prospectus supplement, dated September 6, 2023 (the “ATM Prospectus Supplement”), to the prospectus, dated August 4, 2022, with the SEC in connection with the offer and sale of the Common Stock.
The foregoing description of the Equity Distribution Agreement is qualified in its entirety by reference to the Equity Distribution Agreement, a copy of which is filed as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference. A copy of the opinion of Weil, Gotshal & Manges LLP, relating to the validity of the Common Stock registered pursuant to the ATM Prospectus Supplement is filed with this Current Report on Form 8-K as Exhibit 5.1.
Know what your holding , I hope no one here sold AMC could jump to $20 in one day
i got all the shares i could in the 8ss , the company is making $BILLIONS in revenues and we know how the financials will look , and entered a completely new business of dealing directly with film makers , and all this because of 40 million shares LOL
buying the panic sell off, all these sellers will buy back soon
we may, through our sales agents Citigroup Global Markets Inc., Barclays Capital Inc., B. Riley Securities, Inc. and Goldman Sachs & Co. LLC, offer and sell from time to time up to 40,000,000 shares of our Class A common stock. The sales agents may act as agents on our behalf or purchase shares of our Class A common stock as principals.
buying here oversold , panic sell off
great opportunity to add shares today , company selling 40mil in one day , lots of GOOD news coming financials , more deals 15% discount on shares is not a bad thing,.
Since covid CEO did what ever he could to keep the company alive like any CEO would , some decisions I dont agree with , but he made this deal , massive for shareholders , im not sure people understand the value behind the 2020 court ruling https://insidethemagic.net/2020/10/could-disney-buy-movie-theaters-tm1/ that allowed this to play out. Massive fireworks coming soon
TOMMMY : DD do you want more AMC shares
DD: YES
TOMMY: we are going to have to move more money in
DD : DO IT
TOMMMMYY buy me some more shares: TOM: how many DD: as many as you can
Get ready for a crazy week here , seems AMC opened the door to an entire new new business , what happens when you have thousands of angel investors that want a mil i shares each , your about to find out . 2 weeks ago I wanted the CEO out, the dang guy just landed us $5billion$+ deal between tickets , food , drinks , shirts and bottles . Jus stone simple math , go to AMC s website most areas are sold out for weeks.
Good luck to all .
if you like to sell 5million shares at once let me know we can work something out , we need to shake this tree
I like to buy about 5million shares in the .06-.07 area , can't be that many holders someone must need cash today ?
I dont think there any short sellers here , people picked up shares because they see value long term , some were just looking for a quick flip and are not long so people sell like any other stock . public float I think is about 750 million or so (most have been holding for a long time ) , CEO I think is holding some shares . The Big ? Is what is the real value here , what should the value of each share be .
- seems ELITE haS purchased the building so here to stay
- cash on hand - private label - customers include cvs , Publix etc
Audio Replay: First Quarter Fiscal Year 2024 Ended June 30, 2023 Conference Call
Tuesday, August 15, 2023. https://elite.irpass.com/events_presentations
Lot of people want shares between .06-.07 which makes our base , some sold to re buy in that range and Increase shares , at some point will have a new base .
At the end of the day supply / demand as people figure out the value there be more demand than supply and share price will increase , keep in mind some are day traders , some like to hold because they see future value , what ever the case volume is between shareholders is great , the company is not selling shares so there is a limited supply .
Should you buy , sell , i dont know , you will just have to figure it out . I was just trying to figure out why people are buying here .